Showing posts with label treasure. Show all posts
Showing posts with label treasure. Show all posts

September 6, 2013

Christos Tsirogiannis, 2013 winner for ARCA's Award for Art Protection and Security, speaks out against metal detecting in treasure hunting

Christos Tsirogiannis (Photo by DW, J. Di Marino)
Christos Tsirogiannis, winner of the 2013 ARCA Award for Art Protection and Security, weighs in on the subject of metal detecting enthusiasts in "UK treasure hunters make archaeologists see red" for Deutsche Welle (DW):
It's estimated that there are now more than 10,000 metal detector users in England and Wales alone. They've been making an impact. In 2011, close to a million artifacts were found by hobbyists. Nearly 1,000 of those could be classed as treasure - precious metals discovered by metal detector users. 
No harm done? 
But not everyone is pleased. Archaeologist and illicit antiquities researcher at Cambridge University, Christos Tsirogiannis, is one of those concerned. He says the amateur archeologists are damaging important sites. 
"Every object has an amazing historical value, especially when it's found in its actual and original archeological context," Christos Tsirogiannis explains. "If something is extracted violently and by an uneducated, non-specialist person from its original context, this cannot be reconstructed."
Mr. Tsirogiannis is quoted by DW as recommending the banning of all metal detectors:
"I'm sure that there are several people who are operating metal detectors and they do it just for excitement," he says. "But even in a legal way, the destruction that they generate is really big, and it is an unfortunate phenomenon that it is still legal."

May 8, 2013

Shipwreck Exhibit to Open End of the Month in NYC

Odyssey Marine Exploration, Inc. (NasdaqCM: OMEX) will exhibit silver recovered from the submerged ruins of a World War II at the show "Shipwreck!" in New York City's Discovery Times Square beginning May 24.

The company's press release explains that this will be the first public showing of treasures found last year:

Silver recovered from the World War II-era SS Gairsoppa shipwreck, which lies approximately three miles deep, will be on display. This is the first public showing of some of the 1,218 silver bars (approximately 48 tons) of silver recovered to date from the Gairsoppa, which is the heaviest and deepest recovery of precious metal from a shipwreck in history. 
In addition to the Gairsoppa silver, Odyssey is expanding the SHIPWRECK! Treasure Room to include a large selection of never-before-displayed coins from both the SS Republic and the “Tortugas” shipwrecks.
OMEX reported in the fourth quarter ending December 31, 2012:
The majority of the silver recovered in 2012 from the SS Gairsoppa shipwreck was sold in the quarter with fourth quarter proceeds of $30.1 million to Odyssey ($17.8 million of this was credited in third quarter to expenses as recoupment of project costs).
A management comment notes that the company 'salvaged 48 tons of silver from a depth of more than 15,000 feet.'

In other findings, Odyssey Marine reportedly retrieved treasure from the sunken Spanish galleon Buen Jesus y Nuestra Senora del Rosario. In 2012, Odyssey Marine turned over treasure recovered from an 18th century Spanish shipwreck to Spain where it is now on display.